Todays World News (@TodaysWorldNews) / Twitter

Wednesday, May 11, 2011

New IMF Report: The U.S. Dollar Needs To Be Replaced As The World Reserve Currency In other words Going digital.

The front of a Spanish national identity cardImage via WikipediaA "global Federal Reserve" that dominates the currency and the economy of the entire planet?
At least with the U.S. Federal Reserve there is hope that someday the American people can convince Congress to shut it down.
A "global Federal Reserve" would not answer to anyone.  Individual nations could attempt to pull out, but then they would potentially be isolated from the rest of the globe and potentially cut off from world trade.
That may sound very far-fetched now, but that is the direction we are headed.

 Revelation 13
14And deceiveth them that dwell on the earth by the means of those miracles which he had power to do in the sight of the beast; saying to them that dwell on the earth, that they should make an image to the beast, which had the wound by a sword, and did live.
 15And he had power to give life unto the image of the beast, that the image of the beast should both speak, and cause that as many as would not worship the image of the beast should be killed.
 16And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:
 17And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
 18Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.

http://theeconomiccollapseblog.com/archives/shocking-new-imf-report-the-u-s-dollar-needs-to-be-replaced-as-the-world-reserve-currency-and-that-sdrs-could-constitute-an-embryo-of-global-currency

The IMF is trying to move the world away from the U.S. dollar and towards a global currency once again.  In a new report entitled "Enhancing International Monetary Stability—A Role for the SDR", the IMF details the "problems" with having the U.S. dollar as the reserve currency of the globe and the IMF discusses the potential for a larger role for SDRs (Special Drawing Rights).  But the IMF certainly does not view SDRs as the "final solution" to global currency problems.  Rather, the IMF considers SDRs to be a transitional phase between what we have now and a new world currency.  In this newly published report, the IMF makes this point very clearly: "In the even longer run, if there were political willingness to do so, these securities could constitute an embryo of global currency."  Yes, you read that correctly.  The SDR is supposed to be "an embryo" from which a global currency will one day develop.  So what about the U.S. dollar and other national currencies?  Well, they would just end up fading away.
CNN clearly understands what the IMF is trying to accomplish with this new report.  The following is how CNN's recent story about the new IMF report begins....
"The International Monetary Fund issued a report Thursday on a possible replacement for the dollar as the world's reserve currency."
That is exactly what the IMF intends to do.
They intend to have SDRs replace the U.S. dollar as the world reserve currency.
So exactly what are SDRs?
Well, "SDR" is short for Special Drawing Rights.  It is a synthetic currency unit that is made up of a basket of currencies.  SDRs have actually been around for many years, but now they are being heavily promoted as an alternative to the dollar.
The following is how Wikipedia defines SDRs....
Special Drawing Rights (SDRs) are international foreign exchange reserve assets. Allocated to nations by the International Monetary Fund (IMF), a SDR represents a claim to foreign currencies for which it may be exchanged in times of need.
The SDR is a hybrid.  SDRs are part U.S. dollar, part euro, part yen and part British pound.  In particular, the following is how each SDR currently breaks down....
U.S. Dollar: 41.9%
Euro: 37.4%
Yen: 9.4%
British Pound: 11.3%
Now there are calls for other national currencies to be included in the basket.
Russian President Dmitry Medvedev has publicly called for the national currencies of Brazil, Russia, India and China to be included in the SDR.
In January, the Obama administration said that it fully supports the eventual inclusion of the yuan in the SDR.


NWO currency collapse first EU then USD 2011 RFID by kiLLuminati27

Government Moving Forward with Laws Requiring RFID in Drivers' Licenses

http://www.lambslain.com/2011/05/states-moving-forward-with-laws.html
The government is using heightened security concerns arising from the manufactured 'war on terror' and illegal immigration to increase interest and research into biometric technology, with the end goal being mandatory electronic biometric national IDs. The 'war on terror' has destroyed America more in the last ten years than any attack on home soil. "The events of September 11, 2001, were the trigger for a flurry of developments in the biometrics field. The USA Patriot Act, passed in October 2001, introduced measures requiring all foreign visitors to provide machine-readable, biometric travel documents, and put into place an entry-exit system to monitor movements to and from the country. This legislation prompted a number of other countries to adapt their travel documents accordingly and to set up biometric identity checks to ensure border security" [Rebekah Thomas, Biometrics, Migrants, and Human Rights, Global Commission on International Migration, Migration Policy Institute, March 2005].

Florida Considers RFID Chips for Driver's Licenses




April 1, 2011

NBC Channel 2 News, Lee County, Florida - An amendment to a Senate bill is working its way through Florida Senate committees that would require an "electronic authentication" to be added to Florida drivers' licenses.
Right now, drivers' licenses have all the information on the back strip. But to access it, it has to be swiped. The amendment would place Radio Frequency Identification (RFID) chips in the license, which could compromise the security of your identity.
Security expert Walk Augustinowicz breaks down the bill.
"There are other states with RFID in their drivers' licenses, Vermont, New York, Michigan, Washington state," he says.
He goes on to say these states started using the RFID chips as a way to ensure licenses couldn't be duplicated.
However, he explains how easy it is to steal the card's card information in less than a second if you're in the range of an RFID reader.
"It's not something to be taken lightly," he says. "anything once you put a radio chip in it, you need to have physcial protection. There's always a hacker that's going to figure a way around it."
While this is the same technology that could be put in your driver's license, Walt says some states provide people with a security sleeve that protects licenses from being scanned.
Currently, the bill has not been passed. It must still clear several hurdles before being presented to the governor.

VeriChip Highlights Role Implanted Chip May Play in a Government Immigration and Guest Worker Program

http://www.hispanicprwire.com/news.php?l=in&id=6406
Using VeriChip’s secure implantable RFID technology, the Department of Homeland Security can ensure that a secure, tamper-proof system is in place to identify, register and confirm guest worker credentials at the border or at an employer’s premises. VeriChip already employs the same technology to provide secure access to medical records and to secure areas of buildings such as hospitals or office buildings. Medical records access may prove relevant in immigration applications as well. In addition to border security, this device can provide medical records of guest workers that may be unable to communicate (currently a strain on our medical system).

In addition, the VeriChip can also be bonded into a piece of paper, implanted into an ID card or into a wearable wrist bracelet. Use of this RFID chip in tandem with, or in lieu of the immigration “blue card”, provides an additional layer of security to confirm the identity of a guest worker.

“It’s really no different than a tamperproof passport you can carry all the time,” says Silverman. “As concerns mount about falsified documents, VeriChip technology ensures security and privacy for the individual as well as increased security at our borders.”

About VeriChip Corporation

See the Positive ID's website here.
http://positiveidcorp.com/index.html

VeriChip Corporation, headquartered in Delray Beach, Florida, develops, markets and sells radio frequency identification, or RFID, systems used to identify, locate and protect people and assets. VeriChip's goal is to become the leading provider of RFID systems for people in the healthcare industry. VeriChip sells passive RFID systems for identification purposes and active RFID systems for local-area location and identification purposes. VeriChip recently began to market its VeriMed(TM) Patient Identification System which is used to rapidly and accurately identify people who arrive in an emergency room and are unable to communicate. This system uses the first human-implantable passive RFID microchip, the implantable VeriChip(TM), cleared for medical use in October 2004 by the United States Food and Drug Administration.



About Applied Digital - "The Power of Identification Technology"


05-01-2011 • spectrum.ieee.org/
From each volunteer participant, the government collects 10 fingerprints, 2 iris images, and a photo, and if the new data don’t match any identity already enrolled, it assigns the person a unique 12-digit number. After that, a single fingerprint or iris scan should be all that’s needed to verify the identity of any person. As of the end of March, the Unique Identification Authority of India (UIDAI) has registered more than 4 million people this way.
The UIDAI hopes to eventually collect biometrics from a majority of the Indian population. India has many federal and state programs to help people living in poverty, but today it’s nearly impossible to be sure that funds and benefits are actually being delivered to those who need them. The ID project is an attempt to cut down on fraud and graft by increasing accountability and transparency. It’s also meant to provide access to banking and the formal economy that many people lack.
Government biometrics programs have been tried before and failed, in India and elsewhere. The United Kingdom’s universal ID program, for instance, got bogged down by both costs and privacy concerns and didn’t offer tangible benefits to the average citizen. But the UIDAI’s universal ID program, or Aadhaar, as it’s called, seems to be off to a fast start. As soon as he was appointed in July 2009, chairman Nandan M. Nilekani set the ambitious goal of issuing the first million IDs within 12 to 18 months, and the UIDAI hit that mark by January 2011. Efficiency is not a strength of most government bureaucracies, so Nilekani looked to Silicon Valley for help. A core group of Indian expats with Silicon Valley start-up experience began working on the problem, as unpaid volunteers.
Read Full Story
Enhanced by Zemanta

No comments:

Post a Comment

Featured Post

The Truth about the Palestinian and Israeli conflict